NRC LICENSING CIRCUIT
40 PTS
#2 OF 6
⚠ SUSPENDED
Also tracked in: INTERNATIONAL
Signal Indicators
FUNDING STRENGTHHIGH
$1.4B+ raised · publicly traded
COMMERCIAL TRACTIONLOW
UAMPS cancelled · TVA MOU only · seeking customers
REGULATORY MOMENTUMLOW
Suspended · no active NRC proceedings
SUPPLY CHAIN READINESSHIGH
Light water fuel — existing supply chain
Signal indicators reflect Corium editorial assessment based on public data. Not investment advice.
LOADING MARKET DATA…
Company Profile
Reactor Specs
REACTOR DESIGN
VOYGR · Light Water SMR
POWER OUTPUT
77 MWe
COOLANT
Light Water
FUEL TYPE
Low-enriched UO₂
TARGET OPERATION
2030
SITE LOCATION
Idaho Falls, ID
Licensing Milestone Tracker
PRE-APPLICATION
2017
APPLICATION
2017
UNDER REVIEW
2018
RAI RESOLVED
2022
DESIGN CERTIFIED
Jan 2023
CONSTRUCTION PERMIT
—
Investor Intelligence
Capital Overview
TOTAL RAISED
$1.4B+
disclosed funding
MARKET CAP
…
NYSE: SMR
SHARES OUT
~250M
approximate
GOVT GRANTS
$232M
DOE funding
Key Agreements
Corium Assessment
Independent analysis · Not investment advice
⚠ RISK
No anchor customer
UAMPS cancellation in 2023 exposed single-customer concentration risk. Without a new offtake agreement, the construction permit process cannot restart.
✓ STRENGTH
Only NRC-certified SMR design in the US
Design certification took a decade and hundreds of millions. This regulatory asset has real value — no competitor is close to replicating it.
~ WATCH
Cost competitiveness
UAMPS cited cost escalation as primary reason for cancellation. NuScale must demonstrate the VOYGR can compete economically with other clean energy sources.
Corium assessments are independent editorial analysis based on public information. Not investment advice. Data sourced from NRC ADAMS, company filings, and press releases.
NRC Regulatory Journey
438 DOCUMENTS · SOURCE: NRC ADAMS